One of UK’s Top Bankers Put on Leave by Citi Pending Probe https://www.bloomberg.com/news/articles/2022-07-1…
Apparently CITIs rainmaker co-head of UK capital markets and advisory was put on leave after making certain "remarks" to a female staffer during an offsite. Anybody at Shiti have anymore details on this? What did he day to her? Was she an Analyst?
| +231 | Coverage Banking is Paradise | 29 | 6d |
| +150 | UBS preparing for a October Layoff Massacre | 102 | 2h |
| +117 | London Recruiting is Paradise | 46 | 6h |
| +77 | My Motivation Is At An All Time High | 13 | 4d |
| +55 | Work and Suicide | 23 | 1d |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 5h |
| +45 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 2h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 10h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I know the guy. Very good at his job, very good to work for and well liked.
Very much cast from an old school mold. I dont have any details about the case, but to me it sounds like the case of a man of one generation being judged by the people of another.
These days there's no sense attending work social functions. All downside. HR has its little spies everywhere and you need to self censor to the point of not being able to express any personal opinion whatsoever (unless it's consistent with the virtue signaling sentiment handed down from Citi central)
“I dont have any details about the case”
Goes on to say “to me it sounds like the case of a man of one generation being judged by the people of another.”
If you don’t know what happened, maybe just keep your assumption to yourself. Reason being is because there’s a huge difference between making a sexual/rude joke to someone vs actually being a creep (asking her to come home with you).
Go easy on him, he just needs some love and affection.
Surprised if he's a rainmaker that he doesn't just get a pass tbh
No one gets a pass nowadays. Just look at the news. Regulators are getting iffy on "conduct" rules which encompasses both on-premise and off-premise and banks know it. This isn't the first guy to get reprimanded for something small like this and he won't be the last.
Ah yes, just like the adage goes. Land of the free because of those too brave to grow a pair and take a joke.
He probably said something wildly offensive like “mother” instead of “birthing person.”
Most of the guys at VP level and above don’t even come in to the office unless they have to, and I think it’s because of shit like this.
I agree, probably nothing to do with the fact they have a family they'd like to see more often
no cap the NHS is getting strict about these terms now e.g. 'breastfeeding' is now known as 'chestfeeding' etc.
it is considered 'disrespectful' if you fail to use the correct language.
Let's just compromise and call it "Nipple Sucking", ok?
If you need further detail, just see Mitchell Trubisky's twitter feed
ahahah
Common woke Citi L. Get rid of one your most important revenue contributors to promote “workplace inclusivity” or whatever the fuck excuse they’ll use. Watch, this guys gonna end up at Lazard, MS, JPM or some other (probably better) bank soon enough. Idiots.
They did OCR at my (very woke) school. They spent the whole time talking about how it was hard work but alluded to how it was a great environment bc they are so woke from the top down starting from the C suite. L info session.
During an offsite in Barcelona, the Telegraph reports that Skarbek allegedly informed a "female analyst" that he needed "love and affection."
I haven’t seen anything highlighting the specifics further, but to me this is not an outrageous thing to say. If a female MD did this she wouldn’t even have to think twice about it. So much for equality lol.
So basically what I’m hearing is DeSantis 2024. Make America Florida Again.
I’m not sure I follow, prospect
I would volunteer to provide love and affection to my female MD if you catch my drift
I feel u bro…I wanna marry my associate lol. French females are actually a different specimen of human
Seriously? That's all? What a witch hunt
ETA: Not worth it
Found the staffer^
Suscipit tenetur minus fugit doloremque aut. Tempore ipsa numquam quia enim quae rerum rerum. Sint saepe nam tenetur ea ut error. Quaerat placeat qui amet. Ea ut sed tempore minus quos ut.
At aut quae maiores commodi. Consequatur debitis porro quis quam. Dolores qui aspernatur qui. Nobis accusamus praesentium consequuntur praesentium et sed laborum. Reiciendis distinctio dicta debitis non. Blanditiis voluptatem quia nulla. Quasi alias magnam voluptas qui quae possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sit eaque molestias laboriosam distinctio. Nostrum excepturi fugit illum ea molestiae. Cumque iusto ut velit nulla eos dignissimos repudiandae omnis. Aut et necessitatibus quia accusamus. Dolorem exercitationem saepe debitis perferendis labore veniam non libero. Voluptatem doloribus doloremque vel sit nemo.
Maiores deleniti cupiditate occaecati quaerat. Qui aliquam incidunt occaecati. Eum maiores dolorem et quos ex saepe. Non consequatur asperiores libero delectus doloribus quia itaque. Aliquid deleniti consequatur molestias ratione repellat qui. Rerum repudiandae atque unde sint tempora ducimus vero id.